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Russians slash their launch prices by 39% | Behind The Black

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OIL ARMAGEDDON: What Will It Mean For You? Mike Maloney

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Muni Market Chaos Sparked By Covid Has Potential To Trigger Default Tsunami | Borrowers are starting to default. This could be very bad...

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Losing Faith In Fiat - COVID Crisis Has Dragged Forward The Moment When "The Money Is No Good" | ...forget the so-called “V shaped recovery” because “you cannot simply turn back on the economy like a light switch. There’s no electricity.”

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The Destructive Force Of Bank Credit | ...the commitment to maintain financial asset values by printing money will require such enormous amounts of base money as to bring forward the destruction of the fiat dollar and all the other fiat currencies.

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Corona Pandemic: The Perfect Scapegoat for the Financial and ‘Everything Bubble’ Market Crash: The Great Depression 2.0.

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Wall Street’s Crisis Began Four Months Before the First Reported Death from Coronavirus in China; Here’s the Proof.

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"A Bad Global Precedent" - Chinese GDP Collapses More Than Expected, Worst Since At Least 1992 | “The economic loss is unprecedented,”

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NO MORE MEAT Plants Close Indefinitely

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Crumbling economies must tackle tax evasion to meet coronavirus crisis, experts warn - ICIJ

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Captain Capitalism: The Case to Bring Back Dowries

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Bank of America is fighting back against critics who want to block the bank from prioritizing its own clients for loans to small businesses under the Coronavirus Aid, Relief, and Economic Security Act.

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Bill Gates says U.S. government can’t ‘wave a wand’ and ‘all of a sudden the economy is anything like it was before’ the coronavirus pandemic

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Oil demand is set to plunge by as much as 27 million barrels per day in April, a decline larger than anything that has occurred in the history of oil.

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More People Died Of Suicide Last Week In Tennessee Than COVID-19 | “The truth is: a sick economy produces sick people...” | At some point it's ALSO the other way around... Self reinforcing loop is a thing

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The looming smart TP crisis | "Media Extinction Event": Print Newspapers Face COVID-19 Death-Knell | 40% to 60% drops in revenue over the last 30 days...

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A crucial meeting of OPEC+ producers on Monday aimed at cutting output and stabilizing the global oil market has been postponed.

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2020: America Crosses the Economic Rubicon

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"US Labor Market Is In Free-Fall" - 10 Million Americans Have Filed For Unemployment In Past 2 Weeks | We’ve lost 46 jobs for every confirmed case of COVID-19 in the US...

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Visualizing COVID-19's Financial Impact On Local Businesses | Consumer spending at grocery stores is returning to a semblance of normalcy. | daily sales at firearm and sporting goods stores continue to hover at least 70% above neutral YoY. Weekly revenue is up 97% YoY. | Local retail... Pending...

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The US Can't Afford To Let Shale Fail

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Atlas Is Shrugging | In 'Atlas Shrugged', everyone gets poor, and if we stay on our current turn toward statism and don’t stand up for our rights, we will be poorer and a lot less free...

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"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown | “The whole world is turned upside down right now.”

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IMG

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Jesus fucking christ....

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Fed Economists Warn US Unemployment Rate Could Soon Reach 32%—During Great Depression It Peaked at 25%

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